Zain to match funds with creative Jordanian projects on Zoomaal

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Last week, Zain Jordan signed
an agreement with Zoomaal, the region’s largest
crowdfunding platform, as part of its
efforts to help develop Corporate Entrepreneurship
Responsibility (CER) in the region.

Under the terms of the parthership, Zain will provide support
for a selection of Jordanian startups with crowdfunding campaigns
on Zoomaal by matching their funds raised on the platform, with an
agreed upon cap.

Projects eligible for the Zain Jordan challenge should have a
Jordanian founder, be from the Jordanian diaspora, or have a
project that is implemented in Jordan.

The partnership is part of
ZINC (Zain Innovation Campus), which seeks to provide support
for startups and the entrepreneurial projects of Jordanian youth,
while promoting the entrepreneurial spirit across the kingdom.

This agreement comes as part of a program comprising several
activities aiming to support Jordanian creativity. “Zoomaal and
Zain Jordan are working together to give the Jordanian youth a set
of exciting opportunities that will be revealed one step at a time.
As a primary activity, we will be launching an education-themed
challenge, in which $10,000 USD will be distributed in matched
funding to the best creative education projects in Jordan,” says
Dib Semaan, VP of Operations at Zoomal.

According to Semaan, Zoomaal will be announcing several other
strategic partnerships, with organizations that share Zoomaal's
mission. These partnerships will include running challenges and
supporting projects through matched funding, and meetups in several
Arab countries with the goal of creating awareness about
crowdfunding and other activities that will be announced in the
near future.

The Zain Jordan Challenge is the fourth to be launched on
Zoomaal, as part of a series of challenges that have collectively
raised over $225,000 USD for creative projects in the region.

Another Zoomaal partnership announced last week is with
international development organization Hivos, setting up the Must See Film
Challenge. “This challenge aims to support up-and-coming Arab
filmmakers to shoot, produce, and complete their own films. It is
an open call to filmmakers that have projects from all genres be it
horror, documentary, adventure, or comedy – even a YouTube series
or an animation,” says Semaan. Hivos will also match funds raised
with an agreed upon cap, as long as the project meets its goal
first.